AquaBounty is working with the Toledo-Lucas County Port Authority, which will issue the bonds, and with Wells Fargo Corporate and Investment Banking to market them for sale Continue reading
Tag Archives: Land-based
Stagnant US land-based salmon farming sector is ripe for a ‘reset’, says RAS pioneer
A shake-up of the US land-based salmon farming sector is desperately needed, suggests Erik Heim Continue reading
Canadian firm bags regulatory approval for $75m steelhead RAS in British Columbia
A 3,000t land-based recirculating aquaculture facility planned for Gold River, British Columbia, has received an aquaculture permit from Fisheries and Oceans Canada Continue reading
Salmon Evolution plans to start building 32,000t North American facility in 2025
'There are active discussions. We are looking at both the US and Canada; I can say that much,' – Trond Hakon Schaug-Pettersen, interim CEO of Salmon Evolution Continue reading
Korea’s first RAS seeks backers for $30m project
The facility will produce olive flounder -- which BluGen says has a grow-out cost comparable to salmon -- and will sell both juveniles and fully grown fish Continue reading
Firm backed by Ian Fleming’s nephew triples down on Norway land-based smolt facility
Langnes Laks -- party backed by Rory Fleming -- is seeking permission for a land-based smolt facility that can produce up to 20,000t in maximum allowable biomass terms Continue reading
Shrimp RAS farmer sees success in urban Los Angeles
The land-based facility uses 12 indoor raceways filled with brackish water to grow Litopenaeus vannamei, supplying some 1,000 lbs of fresh product to the Los Angeles area weekly Continue reading
Bigger not always better for Norwegian salmon farmers building $80m post-smolt RAS
Three mid-sized Norwegian salmon farmers hope to have post-smolt ready to put in the water next year from a NOK 800 million RAS hatchery they are building together Continue reading
Norne bullish as land-based salmon players brave inflationary situation
Energy and building material prices are, or have been, painfully high, with other costs pinching under-development projects too; still, Norne rates all but Atlantic Sapphire as 'buys' Continue reading
RAS investors bullish on long-term prospects despite difficult year for raising capital
It's no secret that the flood of investment for land-based farms has dried up since 2020, but the underlying fundamentals remain strong, investors with 8F and Nutreco believe Continue reading
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